Trump says he will increase tariffs on South Korea from 15% to 25% on:
๐ Automobiles
๐ฒ Lumber
๐ Pharmaceuticals
๐ And other reciprocal trade items
This means imports from South Korea will become more expensive in the US.
๐ What This Means Economically
Higher tariffs = higher costs for companies
Prices may rise โ inflation pressure
Trade tension increases โ global uncertaint
Risk of retaliation from South Korea
Overall, this is negative for global trade sentiment.
๐ Impact on Financial Markets
๐ด Stocks
Asian & global stocks may fall
Auto and pharma stocks under pressure
Risk-off mood in markets
๐ต US Dollar
Short-term USD strength possible (safe-haven demand)
But long-term trade wars hurt growth
๐ช Impact on Crypto Market
โ ๏ธ Short-Term Impact: Bearish / Volatile
Trade war news = risk-off sentiment
Investors move to cash or USD
BTC & alts may see sudden dumps or fake pumps
๐ Expect high volatility, stop-hunts, liquidity grabs
๐ Medium to Long-Term Impact: Potentially Bullish
If tariffs cause:
Economic slowdown
Inflation
Pressure on central banks
Then:
Money printing / rate cuts increase
Bitcoin benefits as hedge against uncertainty
BTC dominance rises first, alts later
๐ฎ Crypto Scenario Breakdown
โ Bearish Case
Escalating trade war
Strong USD
Stocks dump hard
๐ Crypto follows down
โ
Bullish Case (Later)
Fed forced to ease polic
Inflation rises
Trust in fiat weakens
๐ BTC becomes attractive
๐ง Trading Advice
Avoid over-leveraging on headline news
Wait for BTC reaction + volume confirmation
Trade after structure, not the first candle
